Just How Bad is Your Credit?
Why You should care about your credit
If you are looking for a bad credit auto loan, then this is super important! We have a great article on how to save yourself some serious money with a decent credit score here. You should think about your credit allot and take the time and effort it takes to get it up and stay up. It’s not only ideal for buying a car But for person finance in all aspects of life.
Credit scores and what they mean
- 300 – 610 Poor Credit, and will require some sub-prime lender to get an auto loan, lots of money dow, and provable income. read next headline.
- 615 – 689 Fair Credit, this is where you have a decent chance at getting loans but may need to bring something to the table like extra money down. With most of these scores, you will also need to prove income. Also even with decent credit, you will need to make enough money to pay your bills and also get an auto loan.
- 690 – 719 Good Credit, This is where you can pretty much guarantee you will get a loan as long as you have a job and make some money. Of course though considering what you are trying to do is within reason.
- 720 and up, Great Credit, Ok we all know what this means right? It means you have done just about everything perfect for a while!